The Aster (ASTER) chart has tightened a lot lately, and the price is now touching a key spot on the trendline. Sjuul noted that the ASTER price is still stuck inside a big range, but the way the chart looks now hints that the market might be getting ready for a move.
The support level has held again, and the price is now pressing gently against the downtrend that has been guiding the entire pullback.
What the ASTER Chart Is Showing
The chart makes one thing clear: the ASTER price continues to respect its major support zone. Every time the price has returned to this area, buyers stepped in and kept it from breaking down
The candles are pressing right under the trendline that has blocked the price for weeks. When this happens, it usually means traders are waiting for a clear signal before they act.
Sjuul highlighted that this range has controlled the ASTER price for a long time. The more times it taps support and refuses to break, the stronger that base becomes. If the trendline finally gives way, momentum could lift quickly because the chart has been building pressure for days.
Source: X/Sjuul
Read Also: ONDO Price Looks Weak, but Veteran Investors Say This Is the Most Dangerous Phase to Ignore
What Could Push ASTER Price Higher Next
A breakout above the trendline is the main signal traders want to see. If ASTER closes above it with some strength, the price could quickly move toward the upper side of the range again. Breakouts from tight squeezes tend to travel fast, especially when the market has been waiting for a clear direction.
For now, what matters is that support continues to hold. The ASTER price isn’t trending strongly yet, but the structure underneath it is solid enough to keep the setup alive
If buyers finally push the price above that line, ASTER could get the room it needs to move higher after weeks of pressure. The next few days will show if this squeeze leads to something stronger.
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The post Aster Price Tightens Under Trendline – Here’s What Might Push ASTER Higher Next appeared first on CaptainAltcoin.
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